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Microsoft Advertising / Bing Ad Revenue Up 19%

avenueadsBy avenueads31 July 2024No Comments2 Mins Read
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Microsoft reported its fourth quarter 2024 earnings and it confirmed that its search and promoting income was up 19%. The final time it was up over 19% in 1 / 4 was 10 quarterly incomes experiences in the past, in Q3 2022.

Microsoft wrote, “Search and information promoting income excluding site visitors acquisition prices elevated 19%.”

Listed below are the highlights of the report:

  • Income was $64.7 billion and elevated 15% (up 16% in fixed foreign money)
  • Working revenue was $27.9 billion and elevated 15% (up 16% in fixed foreign money)
  • Web revenue was $22.0 billion and elevated 10% (up 11% in fixed foreign money)
  • Diluted earnings per share was $2.95 and elevated 10% (up 11% in fixed foreign money)

Right here is how the promoting income chart seems particular to go looking and information promoting income will increase quarter to quarter (over):

Microsoft Ad Revenues Chart

It appears to be stepping into the best route.

Microsoft reported better-than-expected earnings and income for the fiscal fourth quarter however the inventory dropped in prolonged buying and selling as buyers targeted on disappointing Azure income.

Right here is my protection of the previous MSFT earnings and right here is the newest Google earnings report the place Google Ad revenue was up 11%.

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